Seraphim is betting on 19 startups - “including satellite data specialist Spire Global, quantum encryption firm Arqit and space-based cellular network operator AST Space Mobile”. Seraphim, betting real money in the game through its Space Investment Trust, tracked US$8.7 billion of private investments in the 12 months ending March this year - double the figure for the previous year. Quilty cites US$5.7 billion in investments for the first quarter of 2021, up from US$1.2 billion in the same period of 2020. These aren’t just blue sky numbers - they’re punching out through the stratosphere and into the hard vacuum of space itself. Three hundred and fifty-six per cent growth, reports Quilty Analytics, a research and advisory firm focussed entirely on the Satellite & Space industry. The figures for this year are still seeing growth - nearly 100 per cent growth, according to UK-based venture capital outfit Seraphim Capital. Way up.Įven with the coronavirus suppressing economic activity around the world, CNBC reports that “investment in space companies put at a record $8.9 billion in 2020”. But they’re all big and they’re all moving in one direction: up. The numbers move around, depending on who’s telling the story - or selling their advice. Manufacturing - Designing the spaceships and everything that drives them. Space Research - Decades of work for the white coat brigade.Space tourism - Enjoying the spoils of space wealth.
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